President Lee Jae Myung to chair third mega-project inspection meeting

  • President Lee Jae Myung will chair the third public-private mega-project inspection meeting.
  • 246 trillion Korean won and 107 trillion Korean won projects were scheduled to begin within the year.
  • The meeting follows monthly sessions covering the Honam semiconductor cluster and regional investment plans.

President Lee Jae Myung will preside over the third Public-Private Joint Inspection Meeting on Mega Projects at Cheong Wa Dae at 3 p.m. on the 29th. The meeting will address measures to create livable regional conditions that attract people and review progress on semiconductors, Physical AI (artificial intelligence) and AI data centers. Lee has chaired related meetings monthly. The first meeting confirmed Gwangju military airport as the site for the Honam semiconductor cluster, while the second decided to begin investment projects worth 246 trillion Korean won in the Chungcheong region and 107 trillion Korean won in the Yeongnam region within the year. Government officials will present plans for regional living conditions, a southern semiconductor belt, publicly perceptible Physical AI and AI robots, and AI data-center construction. Executives at the president level from companies including Samsung Electronics and SK are expected to discuss private investment and operational challenges. The meeting may also address a legislative disagreement between the Ministry of Trade, Industry and Resources and the Ministry of Employment and Labor over the Mega Special Zone Special Act, including proposed exceptions to the 52-hour workweek for advanced-industry research and development personnel.

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